Which of the Following Is False with Regard to Ending

question 124

Multiple Choice

Which of the following is false with regard to ending contracts and remedies?

• A) The term "condition precedent" refers to a clause in a contract that brings the contractual obligations of the parties to an end upon the happening of some specific event.
• B) A breach of condition allows the party who suffers the breach to terminate the contract.
• C) The equitable remedy of specific performance is available in those situations where monetary compensation would not be adequate.
• D) If a person ignores a court order, e.g., an injunction, he could be cited for contempt of court.
• E) If Sid incurred costs in preparing to perform a contract that is ended by frustration, the court can allow Sid to keep some of the deposit paid by the other party to help cover those costs.

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Definitions:

U.S. Labor Law

The body of laws, administrative rulings, and precedents governing the legal rights of, and restrictions on, workers and their organizations in the United States.

Democratic Procedures

Processes and methods that follow the principles of democracy, typically involving inclusive participation, equal voting rights, and majority rule in decision-making.

Amalgamated Union

A labor union formed from the combination of two or more unions, typically to strengthen their bargaining power.

Variety of Industries

A wide range of sectors or fields of economic activity involved in the production of goods and services.